We believe that the claim is strong, we wouldn't be funding it if we didn't, page-8

The way I see it is that wile CIM haven't done formal DD on UGL, they would probably have contacts at Icthys in various places, and will have formed a view of the likelihood of further costs to UGL. So it is good that UGL can probably afford to maintain their insurance premiums - lol.

Good news today - this stock has been through the perfect ebb and now is undergoing perfect flow, as far as I can tell. Hopefully we are moving towards a king tide.